Power Assets Holdings Stock Rises 1.8% in Hong Kong, Outperforms Competitors

Dow Jones

08/21

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Power Assets Holdings Ltd. rose 1.8% to 62.45 Hong Kong dollars on what proved to be an all-around great trading session for the Hong Kong stock market, with the Hang Seng Index rising 1.2% to 26009.46.

This was the stock's seventh consecutive day of gains.

Power Assets Holdings Ltd. closed 6.9% below its 52-week high of HK$67.05, which the company reached May 7.

The stock outperformed some of its competitors, as Huaneng Power International Inc. rose 0.2%, CLP Holdings Ltd. rose 1.2%, and Huadian Power International Corp. Ltd. rose 0.6%.

Trading volume totaled 3.0 million shares, compared to the 50-day average of 3.0 million shares.

Data source: Dow Jones Market Data, FactSet

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Ltd. rose 0.6%. \n\n\n     Trading volume totaled 3.0 million shares, compared to the 50-day average of 3.0 million shares. \n\n\n  Data source: Dow Jones Market Data, FactSet","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}